Swiss National Bank Trims Position in MaxLinear, Inc $MXL

Swiss National Bank trimmed its position in shares of MaxLinear, Inc (NASDAQ:MXL) by 1.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,273 shares of the semiconductor company’s stock after selling 1,500 shares during the period. Swiss National Bank owned 0.18% of MaxLinear worth $1,686,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in MaxLinear by 3,698.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,525,419 shares of the semiconductor company’s stock worth $30,173,000 after buying an additional 1,485,256 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of MaxLinear in the fourth quarter worth about $25,659,000. Schonfeld Strategic Advisors LLC bought a new position in shares of MaxLinear in the fourth quarter worth about $25,027,000. Point72 Asset Management L.P. grew its position in shares of MaxLinear by 1,813.5% during the fourth quarter. Point72 Asset Management L.P. now owns 1,256,300 shares of the semiconductor company’s stock worth $24,850,000 after purchasing an additional 1,190,647 shares in the last quarter. Finally, Driehaus Capital Management LLC bought a new stake in MaxLinear during the 4th quarter valued at approximately $12,675,000. Institutional investors own 90.79% of the company’s stock.

MaxLinear Trading Up 7.9%

MXL stock opened at $16.35 on Monday. The firm has a fifty day moving average price of $14.95 and a 200 day moving average price of $13.23. MaxLinear, Inc has a fifty-two week low of $8.35 and a fifty-two week high of $25.73. The firm has a market cap of $1.42 billion, a PE ratio of -6.62 and a beta of 1.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.55.

MaxLinear (NASDAQ:MXL) last released its quarterly earnings data on Wednesday, July 23rd. The semiconductor company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. MaxLinear had a negative net margin of 55.53% and a negative return on equity of 18.16%. The business had revenue of $108.81 million during the quarter, compared to analyst estimates of $104.94 million. During the same quarter last year, the business earned ($0.25) earnings per share. MaxLinear’s quarterly revenue was up 18.3% compared to the same quarter last year. MaxLinear has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that MaxLinear, Inc will post -0.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wells Fargo & Company boosted their price target on MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a report on Thursday, July 24th. Stifel Nicolaus lifted their price objective on shares of MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Benchmark boosted their target price on shares of MaxLinear from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Susquehanna upped their target price on shares of MaxLinear from $11.00 to $15.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Finally, Loop Capital reaffirmed a “hold” rating and set a $15.00 target price (up from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.31.

About MaxLinear

MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.